AMD Q3 Revenue Guidance Jumps to $1.65B-$1.75B Amid AI Chip Surge

AMD raises Q3 revenue outlook above consensus due to robust AI data center demand, while finalizing a $7B all-stock Synaptics acquisition for AI device expansion.

Woofun AI reports that AMD projects third-quarter revenue between $1.65 billion and $1.75 billion, exceeding analyst forecasts as AI data center chip demand accelerates. The semiconductor firm also confirmed a $7 billion all-stock acquisition of Synaptics to broaden its footprint in AI devices and robotics.